We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
With December Hike Odds Intact, Can a Midterm Rally Repair Gold, Silver’s Breakdowns?
Macro Snapshot: Gold posted its best week since late August, but it got there on rate relief that had disappeared by Friday. COMEX gold rose 4.5% to $4,074.9 and silver 5.4% to $51.94 while cheaper oil pushed the odds of a December Fed hike down from about 71% on 30 October to 64% ahead of Friday’s payrolls, according to CME FedWatch readings reported by Benzinga and Reuters. The jobs data sent the odds back up to 74.8%, CNBC reported, a
Top News
Major Israeli Diamond Presence at Hong Kong June
Ramat Gan: The Israel Diamond Institute Group of Companies (IDI) will host 50 companies this year in its diamond pavilion at the June Hong Kong Jewellery & Gem Fair, which will take place from June 23-26, 2016 at the Hong Kong Convention & Exhibition Centre. In addition, 10 Israeli companies will be exhibiting in other locations throughout the show. The
500-Year-Old Shipwreck with £9 Mln. gold Found
Windhoek: Diamond miners working off the coast of Africa stumbled across a 500-year-old shipwreck loaded with £9million of gold and coins, reports dailymail.co.uk. The Bom Jesus – or Good Jesus – was first discovered along the Namibian coast near Oranjemund by geologists from the mining company De Beers in April 2008. It was a Portuguese ship which set sail from
Need to Create State of Art Museum in Gujarat
Gandhinagar: A symposium was organized by the Gem & Jewellery Trade Council of India (GJTCI) where Mr. O. P. Kohli, Honorable Governor of Gujarat, Shri Shantibhai Patel, President, GJTCI and leading trade dignitaries and craftsman remained present. Artifacts & designs of craftsman were showcased & trade dignitaries were honoured by Governor of Gujarat to name a few Shri Natubhai Chokshi
Argyle Pink Diamonds Preview in Copenhagen
Copenhagen: Rio Tinto’s spectacular 2016 Argyle Pink Diamonds Tender has been launched during a world exclusive preview in Copenhagen against the backdrop of a rare Argyle pink diamond jewellery exhibition. The 2016 Argyle Pink Diamonds Tender includes 63 pink, red and violet diamonds and represents the finest of a year’s production from Rio Tinto’s Argyle diamond mine in Western Australia.
Indias Silver Jewellery Exports Double
Mumbai: A shortage of gold as a raw material and the consequent decline in gold jewellery exports appears to have opened up new avenues of growth for silver jewellery in India, reports Mineweb. Indias silver jewellery exports rose 45.33% to $84.1 million in February 2014, and jumped 89% in the 11-month period to $1.35 billion, according to data from the Gem
AGL Celebrates Five Years under New Management
New York, 15th April: American Gemological Laboratories (AGL), a provider of high-quality gemstone analysis and reporting is celebrating its five-year anniversary under the stewardship of Christopher P. Smith. “Five years ago, AGL was re-privatized during one of the most difficult periods the US and world financial markets have experienced in recent decades. AGL, however, had a good reputation and we did
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
